Arab Today, arab today turkey wants azeri gas deal before october
Last Updated : GMT 13:42:41
Arab Today, arab today
Arab Today, arab today

Turkey wants Azeri gas deal before October

Arab Today, arab today

Arab Today, arab today Turkey wants Azeri gas deal before October

Ankara - Arabstoday

Turkey wants to wrap up a transit deal with Azerbaijan for new gas from the Shah Deniz field before an end-September deadline, its energy minister told Reuters, in a step seen as vital to the Europe-backed Nabucco pipeline. Azerbaijan is negotiating with Turkey to sell 6 billion cubic metres (bcm) of gas per year from the second phase of the giant Shah Deniz field and to ship 10 bcm to European customers via Turkey.In an interview on Wednesday, Energy Minister Taner Yildiz also said Turkey was demanding a reduction of natural gas prices from Russia and sees this as crucial for a renewal agreement by end-August over a 6 bcm pipeline west to Russia via Ukraine. When asked about the end-September deadline for the Azerbaijan deal to be finalised, Yildiz said: “I have recommended to our friends to speed things up,” referring to all the parties involved. “We want this to be signed even earlier.” “We, as the Turkish Republic, have done all we can,” Yildiz said. “To kickstart, to speed up this project, this (deal) needs to be signed.” After a break due to elections in Turkey, talks surrounding the deal resumed late last month, when Turkish Prime Minister Tayyip Erdogan visited Baku. Nabucco is courting Azerbaijan to supply the gas aimed at reducing Europe’s energy dependence on Russia. But the pipeline faces competition for Azeri gas from the Interconnector Turkey-Greece-Italy (ITGI) and the Trans Adriatic Pipeline (TAP). Turkey’s envoy to Azerbaijan said earlier this month there was a “range of technical issues” that needed to be resolved, but he did not elaborate on what those were. Azeri energy officials have said the legal framework had to be resolved. The Shah Deniz field is being developed by BP and Statoil as well as Azeri state energy company SOCAR and several others. It is estimated to contain 1.2 trillion cubic metres of gas. Production began in 2006 and the second phase is expected to come onstream by 2017. Azerbaijan has been in talks with more than 20 companies and consortia looking to buy gas from Shah Deniz II. From / Gulf Today

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today turkey wants azeri gas deal before october Arab Today, arab today turkey wants azeri gas deal before october

 



Arab Today, arab today
Arab Today, arab today Jordan airline suggests flyers 'talk'

GMT 11:59 2017 Friday ,24 March

Jordan airline suggests flyers 'talk'
Arab Today, arab today Sheds light on major steps in 12-year career

GMT 06:07 2017 Monday ,27 February

Sheds light on major steps in 12-year career
Arab Today, arab today Dozens dead in US-led Syria strikes

GMT 08:35 2017 Thursday ,23 March

Dozens dead in US-led Syria strikes
View News in Arabic - Business: نفط وبتروكيماويات
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Yemen children dream of school

GMT 07:25 2017 Friday ,24 March

Yemen children dream of school
Arab Today, arab today MP submits a petition to dismiss university head

GMT 06:21 2017 Friday ,24 March

MP submits a petition to dismiss university head
Arab Today, arab today Salvage of South Korea's Sewol ferry

GMT 04:51 2017 Friday ,24 March

Salvage of South Korea's Sewol ferry
Arab Today, arab today Prepares to give stargazers an eyeful

GMT 13:38 2017 Monday ,06 March

Prepares to give stargazers an eyeful
Arab Today, arab today Audi RS 5 Coupe acquires new design

GMT 13:22 2017 Thursday ,23 March

Audi RS 5 Coupe acquires new design
Arab Today, arab today Renault Trezor wins design award

GMT 11:56 2017 Tuesday ,21 March

Renault Trezor wins design award
Arab Today, arab today Haifa Wahby bets on her new drama show

GMT 06:04 2017 Thursday ,23 March

Haifa Wahby bets on her new drama show
Arab Today, arab today 2017 already marked

GMT 15:25 2017 Tuesday ,21 March

2017 already marked

GMT 07:03 2017 Wednesday ,22 March

Merna Waleed praises her work with Soad Hosni

GMT 22:00 2017 Thursday ,23 March

Number of unwedded girls amounts to 2.5m

GMT 10:34 2017 Tuesday ,21 March

Mexico threatens to ditch US corn imports

GMT 19:45 2017 Monday ,20 February

Sarah Belamesh designs antiques of "ceramic"

GMT 07:38 2017 Friday ,24 March

Pass health bill Friday or he'll move on

GMT 07:36 2017 Wednesday ,22 March

US, Britain ban laptops on flights

GMT 06:31 2015 Thursday ,04 June

Pluto's unruly moons
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday